Daily Current Affairs 28th Feb 2025: Your guide for daily General Knowledge Preparation
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This post contains daily current affairs 28th Feb 2025. It includes all National, International, Business & Sports related current affairs 28th Feb 2025. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 28th Feb, 2025 Current affairs test.
National News
Understanding the Hyperloop and Its Unique Benefits
- The Hyperloop system relies on magnetic levitation, which enables the pods to hover and move inside a vacuum tube using electromagnetic forces.
- Due to the absence of air resistance and reduced friction, these pods can attain speeds of up to 1,200 km/h, making it a highly efficient mode of transport.
Aadhaar Good Governance Portal Introduced to Improve Service Accessibility
- The Ministry of Electronics and Information Technology has launched the Aadhaar Good Governance Portal to enhance digital governance and public service access.
- This portal aims to streamline the approval process for Aadhaar authentication requests, ensuring smoother access to both public and private sector services.
Transformation of India’s Maritime Sector: New Initiatives Launched
- Union Minister Sarbananda Sonowal has introduced multiple initiatives aimed at revolutionizing India’s maritime sector.
- These projects focus on improving port infrastructure, shipping efficiency, and overall maritime trade connectivity.
- The government envisions a stronger maritime framework to support India’s economic growth and enhance global trade relations.
Tribute to Bharat Ratna Nanaji Deshmukh on His 15th Death Anniversary
- A grand tribute was paid to Bharat Ratna Nanaji Deshmukh in Chitrakoot, Madhya Pradesh, on the occasion of his 15th death anniversary.
- Union Home Minister Amit Shah addressed the gathering, highlighting Deshmukh’s contributions to rural development, social reforms, and political leadership.
- Madhya Pradesh Chief Minister Dr. Mohan Yadav and Deputy Chief Minister Shri Rajendra Shukla were among the dignitaries present at the ceremony.
Advantage Assam 2.0: Paving the Way for Investment and Infrastructure Development
- Prime Minister Narendra Modi inaugurated Advantage Assam 2.0, an investment and infrastructure summit held in Guwahati.
- This event marked a significant milestone in Assam’s economic progress, showcasing investment commitments and infrastructure advancements.
- Assam is emerging as a business-friendly and peaceful state, making it an attractive investment destination.
Business News
super.money (Backed by Flipkart) Acquires BharatX for Market Expansion
- super.money has acquired BharatX in an all-cash deal to strengthen its position in India’s digital credit market.
- This acquisition will focus on checkout financing solutions, leveraging BharatX’s technological capabilities.
- The integration will enhance credit-on-UPI services and enable smooth incorporation of BNPL (Buy Now, Pay Later) and EMI options.
- The core team of BharatX will work with super.money for the next six months before finalizing new roles.
- With tightening credit cycles and reduced competition, super.money sees a strategic opportunity in UPI-based checkout financing.
Go Digit Launches India’s First AQI-Based Parametric Insurance for Construction Workers
- Go Digit General Insurance Limited has partnered with M. Dastur Reinsurance Brokers to introduce India’s first AQI-based parametric insurance policy.
- This policy is designed to compensate migrant construction workers in Delhi-NCR when severe air pollution leads to construction bans.
- It provides financial relief of up to ₹6,000 to 6,200 affected workers.
- Claims will be automatically triggered if the Air Quality Index surpasses 400 more than twice in a short span.
Agreement News
SIDBI and Tata Capital Sign MoU to Boost MSME Financing
- Small Industries Development Bank of India has signed a Memorandum of Understanding with Tata Capital Limited to enhance financing for Micro, Small, and Medium Enterprises.
- The collaboration will facilitate loans for machinery/equipment purchases, working capital requirements, and property-backed loans.
- The agreement also explores co-lending, risk-sharing, and joint financing models to increase credit availability for MSMEs.
Summits & Conferences News
Bharat Calling Conference 2025: Vision for Viksit Bharat 2047
- Union Minister for Commerce and Industry, Shri Piyush Goyal, inaugurated the Bharat Calling Conference 2025, organized by the IMC Chamber of Commerce and Industry in Mumbai.
- Themed “Path to Viksit Bharat 2047: Pioneering Prosperity for All”, the conference aims to position India as a global economic leader.
- The event emphasized India’s growth potential, investment opportunities, and long-term economic vision.
Ranks & Reports News
Yes Bank Secures Top Spot in S&P Global Sustainability Rankings 2025
- Yes Bank has been ranked as India’s highest-rated bank in sustainability for the third consecutive year.
- It scored 72/100 in the S&P Global Corporate Sustainability Assessment 2024 and the Carbon Disclosure Project.
- Yes Bank is the only Indian bank listed in the S&P Global Sustainability Yearbook 2025, which features the top 15% of global banking institutions.
- Out of 7,690 firms assessed, only 780 companies qualified for the yearbook.
- The bank also retained an A- (Leadership Band) rating from CDP, highlighting its commitment to climate risk management and disclosure.
Obituaries News
Hollywood Icon Gene Hackman Passes Away at 95
- Gene Hackman, a legendary Oscar-winning actor, passed away at 95, alongside his wife.
- He was known for his remarkable versatility, portraying both heroic and villainous roles in films.
- His notable performances include The French Connection, Unforgiven, Superman, and Bonnie and Clyde.
- Despite immense fame, Hackman maintained a private life, staying away from Hollywood’s social scene.
- Born in San Bernardino, California, and raised in Danville, Illinois, he found early inspiration in classic films, idolizing Errol Flynn and James Cagney.
Science & Technology News
Zydus Lifesciences Introduces India’s First Quadrivalent Flu Vaccine
- Zydus Lifesciences has launched VaxiFlu-4, India’s first quadrivalent influenza vaccine.
- The vaccine provides protection against four strains of the flu virus, as recommended by WHO guidelines.
- It has received approval from the Central Drug Laboratory and was developed at Zydus’s Vaccine Technology Centre in Ahmedabad.
- The launch aims to improve flu prevention and enhance public healthcare accessibility through an affordable, high-quality solution.
Awards News
Jane Fonda Receives SAG Life Achievement Award
- Jane Fonda was honored with the SAG Life Achievement Award for her outstanding acting career and humanitarian efforts.
- In her acceptance speech, she highlighted the importance of empathy and labor unions in the entertainment industry.
Important Days
National Science Day 2025 – February 28
- National Science Day is observed annually on February 28 to commemorate the discovery of the Raman Effect by Sir C.V. Raman.
- Raman made this breakthrough discovery while working at the Indian Association for the Cultivation of Science in Kolkata.
- This discovery earned him the Nobel Prize in Physics in 1930, making him the first Indian scientist to receive the prestigious award.
